The Ali Story: As luck would have it



March has been a blessing of a month for me as I have had many events taking place at the same time between family and work and personal ambitions that I have always wanted to fulfil.

What's really interesting about all these events is that they took place on March 13. And guess the year, 2013? Thirteen? Does it ring a bell yet? Well, it's believed that, for many people around the world, the number 13 is a bad luck number, and almost like a curse. I went out with some of my expat friends for dinner this week and they told me a few things about the number's associations. They told me that Judas Iscariot - the apostle who betrayed Jesus - was the 13th man to take his place at the last supper. Also, there used to be 13 steps that a criminal had to climb to the gallows. There's also a legend that a hangman's noose traditionally had 13 turns (actually, it's about eight). Apollo 13 is the only unsuccessful moon mission, and kids officially become teenagers at 13, and we all know that's a scary phase.

This made me laugh so much that I think some of my expat friends were a bit offended, but I didn't really mean to laugh at what they believed in. However, it's something new to me that a number would be taken so seriously that it could be good or bad luck.

But in my case, I wonder if the world view about the number 13 would change if people know that on March 13, 2013, God blessed me with a little angel daughter who I named Salamah. We never planned for this but I admit that my whole family were wishing that the new baby girl would be born on this date since it would be unique to share her birth date with others!

This is not because the number 13 carries any special value but simply because the date digits just look cool. Funny, eh?

On the other hand, I was very honoured and blessed when our foreign minister, Sheikh Abdullah bin Zayed Al Nahyan, visited one of the latest creative cultural and tourism products that I have launched on the market, the Abu Dhabi Pearl Journey - a sea cruise on a traditional boat where one can learn about the heritage of our country as well aas experiencing the process of opening a pearl oyster and finding a real pearl in it.

The number 13 was also part of this great news because the whole local news coverage of the Sheikh's visit to the journey was published on March 13 as well. My friends told me that this could all be a coincidence! Well, duh, of course it is because I would never be able to plan the baby's delivery and the whole news coverage would show up on the same day. What has made the number 13 even more of a favourite number to me now is that, while cleaning my office on Thursday, I came across a very old picture of me when I was around five years old. I was with my favourite football team, Al Jazira, for a group shot after the team had won a match. But the surprise is that my favourite, beloved player also carried the number 13 on his shirt, in big fonts, too!

So with that, I feel that the number 13 is nothing but a great lucky number maybe. But again in my faith we don't necessary believe in numbers and don't really care a lot about that. My friend looked me in the eye and said: "There's an old superstition that says if you have 13 letters in your name, you are basically bound to have the devil's luck!" Silly, yes, but slightly more convincing when you consider that Charles Manson, Jeffrey Dahmer, Jack the Ripper, Theodore Bundy and Albert De Salvo all contain 13 letters, all of which are known serial killers! (I know, I know, what about their middle names, eh?)

Oh well, all I want you to know is that March 13, 2013 was and will always be a date that I have to remember from now on as I'll have to sing Happy Birthday to my little princess Salamah; and thank God her name does not consist of 13 letters. Alhamdullilah!

The Perfect Couple

Starring: Nicole Kidman, Liev Schreiber, Jack Reynor

Creator: Jenna Lamia

Rating: 3/5

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How to protect yourself when air quality drops

Install an air filter in your home.

Close your windows and turn on the AC.

Shower or bath after being outside.

Wear a face mask.

Stay indoors when conditions are particularly poor.

If driving, turn your engine off when stationary.

Dunki
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The%20Beekeeper
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Family reunited

Nazanin Zaghari-Ratcliffe was born and raised in Tehran and studied English literature before working as a translator in the relief effort for the Japanese International Co-operation Agency in 2003.

She moved to the International Federation of Red Cross and Red Crescent Societies before moving to the World Health Organisation as a communications officer.

She came to the UK in 2007 after securing a scholarship at London Metropolitan University to study a master's in communication management and met her future husband through mutual friends a month later.

The couple were married in August 2009 in Winchester and their daughter was born in June 2014.

She was held in her native country a year later.

COMPANY PROFILE
Name: ARDH Collective
Based: Dubai
Founders: Alhaan Ahmed, Alyina Ahmed and Maximo Tettamanzi
Sector: Sustainability
Total funding: Self funded
Number of employees: 4
Greatest of All Time
Starring: Vijay, Sneha, Prashanth, Prabhu Deva, Mohan
Director: Venkat Prabhu
Rating: 2/5
UPI facts

More than 2.2 million Indian tourists arrived in UAE in 2023
More than 3.5 million Indians reside in UAE
Indian tourists can make purchases in UAE using rupee accounts in India through QR-code-based UPI real-time payment systems
Indian residents in UAE can use their non-resident NRO and NRE accounts held in Indian banks linked to a UAE mobile number for UPI transactions

65
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The Light of the Moon

Director: Jessica M Thompson

Starring: Stephanie Beatriz, Michael Stahl-David

Three stars

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The Penguin

Starring: Colin Farrell, Cristin Milioti, Rhenzy Feliz

Creator: Lauren LeFranc

Rating: 4/5

Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.

Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.

Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.

Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.

“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.

Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.

From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.

Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.

BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.

Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.

Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.

“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.

Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.

“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.

“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”

The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”

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The Buckingham Murders

Starring: Kareena Kapoor Khan, Ash Tandon, Prabhleen Sandhu

Director: Hansal Mehta

Rating: 4 / 5

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Panipat

Director Ashutosh Gowariker

Produced Ashutosh Gowariker, Rohit Shelatkar, Reliance Entertainment

Cast Arjun Kapoor, Sanjay Dutt, Kriti Sanon, Mohnish Behl, Padmini Kolhapure, Zeenat Aman

Rating 3 /stars

MATCH INFO

Burnley 0

Man City 3

Raheem Sterling 35', 49'

Ferran Torres 65'

 

 

Results

6.30pm: Dubai Millennium Stakes Group Three US$200,000 (Turf) 2,000m; Winner: Ghaiyyath, William Buick (jockey), Charlie Appleby (trainer).

7.05pm: Handicap $135,000 (T) 1,600m; Winner: Cliffs Of Capri, Tadhg O’Shea, Jamie Osborne.

7.40pm: UAE Oaks Group Three $250,000 (Dirt) 1,900m; Winner: Down On Da Bayou, Mickael Barzalona, Salem bin Ghadayer.

8.15pm: Zabeel Mile Group Two $250,000 (T) 1,600m; Winner: Zakouski, James Doyle, Charlie Appleby.

8.50pm: Meydan Sprint Group Two $250,000 (T) 1,000m; Winner: Waady, Jim Crowley, Doug Watson.

'Nope'
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BEETLEJUICE BEETLEJUICE

Starring: Winona Ryder, Michael Keaton, Jenny Ortega

Director: Tim Burton

Rating: 3/5